Spending Spree

Former Knick Latrell Sprewell racked up 1,294 steals in 13 seasons in the NBA, or I guess you could say that he "repossessed" the ball just under thirteen hundred times. Well now the shoe is on the other foot and the man who turned down a $21 million contract three years ago (because he had to feed his family) just had his 70 foot yacht seized for failure to make loan payments, and failure to have proper insurance.

Finding the $1.5 million "Milwaukee's Best" was not difficult for the federal marshals as it was sitting in storage, a fitting place for any yacht in late August. But we shouldn't judge Mr. Sprewell, after all a $10,322 monthly payment on a super luxury item can really put a stranglehold on a man just trying to feed his family. In fact it can be downright suffocating.